Economists at the University of Chicago did a study concering the economics of street-level prostitution. They found:
““A prostitute is more likely to have sex with a police officer than to get officially arrested by one.”
Furthermore, the data they collected suggests that street prostitution yields an average wage of $27 per hour. Given the relatively limited hours that active prostitutes work, this generates less than $20,000 annually for a women working year round in prostitution. While the wage of a prostitute is four times greater than the non-prostitution earnings these women report (approximately $7 per hour), there are tremendous risks associated with life as a prostitute. According to the estimates, a woman working as a prostitute would expect an annual average of a dozen incidents of violence and 300 instances of unprotected sex.
Total Bummer.
